The Securities and Exchange Board of India (Sebi) on Tuesday gave its nod to phase out share buybacks through the open market. The market regulator has also approved steps to ensure governance boost at the stock exchanges as well as other market infrastructure institutions at its board meeting. Buybacks will be undertaken through a separate […]
Alternative investment funds (AIFs) are rushing to update their Private Placement Memorandums (PPMs) ahead of the April 30 deadline. This comes on the back of increased scrutiny by the Securities and Exchange of India (Sebi) for non-filing of reports and inadequate disclosures. AIFs have to report any changes made to the PPMs during 2022-23 to […]